China’s Recovery Less Uneven and Healthier: China Beige Book

The video discusses the recovery of the Chinese economy, highlighting improvements in private firms and SMEs, and the leading role of retailing. It notes the slower recovery in the services sector and concerns in the property market. The US stimulus is expected to positively impact Chinese manufacturing. Signs of deleveraging are emerging, with a decline in corporate borrowing and a rise in interest rates for state firms.

In what ways has the property sector shown signs of weakness recently?

What implications might the US stimulus package have on the Chinese manufacturing sector?